The Australian Securities and Investments Commission (ASIC) is inviting public feedback on proposed changes to its crypto regulation framework, as outlined in a Dec. 4 announcement. According to the statement: “ASIC’s position continues to be that many digital assets are financial products under the current law. [This feedback request] is aligned to and supportive of […] The post Australia’s ASIC explores stablecoins, wrapped tokens in new crypto framework appeared first on CryptoSlate ..read more

The Bank for International Settlements (BIS) has collaborated with several central banks to showcase regulatory compliance in cross-border transactions through Project Mandala, according to an Oct. 28 statement. This initiative involves the BIS Innovation Hub Singapore Centre and the central banks of Australia, Korea, Malaysia, and Singapore. The project aims to tackle regulatory challenges associated […] The post BIS partners with central banks to tackle cross-border compliance with Project Mandala appeared first on CryptoSlate ..read more

Global economic data released today shows slowing growth across major economies, potentially impacting crypto markets and building the longer-term case for Bitcoin. Purchasing Managers’ Index (PMI) figures from Australia, Japan, and the Eurozone indicate contractions or weakened expansions in both manufacturing and services sectors. Global economic slowdown highlights the long-term case for Bitcoin As economies […] The post Latest data reveals global economic downturn, building stronger case for Bitcoin appeared first on CryptoSlate ..read more

The Australian Federal Police (AFP) Criminal Assets Confiscation Taskforce (CACT) has successfully seized approximately $6.4 million (9.3 million Australian dollars) in crypto. According to an Oct. 2 statement, the authorities were able to secure the funds after identifying the seed phrase of a crypto account belonging to the unnamed creator of Ghost, an encrypted communication […] The post Australian police seize $6.4 million in crypto after ‘deciphering’ wallet seed phrase appeared first on CryptoSlate ..read more

Australia’s Communications Legislation Amendment (Combatting Misinformation and Disinformation) Bill 2024 continues to ignite heated debate, with critics arguing that the bill risks stifling free speech. The proposed bill, which targets misinformation related to elections, public health, and critical infrastructure, requires tech companies to establish codes of conduct. Platforms failing to self-regulate will face standards imposed […] The post Australia’s proposed misinformation bill criticized for vague language appeared first on CryptoSlate ..read more

Monochrome Asset Management has filed to list an Ethereum exchange-traded fund (ETF) on Cboe Australia under the ticker IETH, as announced on Sept. 5. The ETF aims to offer retail investors a regulated way to gain exposure to Ethereum. It will also be a dual-access fund, allowing investors to request cash or in-kind redemptions. The […] The post Monochrome pushes for Ethereum ETF on Cboe Australia appeared first on CryptoSlate ..read more

Australia’s Securities and Investment Commission (ASIC) has shut down 615 crypto scam websites over the past year, according to an Aug. 19 statement. This action is part of a broader effort to combat investment fraud in the country. The regulator closed 7,300 scam websites, including 5,530 fake investment platforms and 1,065 phishing sites. Over $1 […] The post Australia’s ASIC shuts down 615 crypto scam sites amid $1.3 billion fraud surge appeared first on CryptoSlate ..read more

Australia’s Securities and Investments Commission (ASIC) has filed a lawsuit against the Australia Securities Exchange (ASX) Ltd., accusing it of misleading statements about its blockchain trade settlement project, according to an Aug. 14 statement. False statements ASIC claims the ASX falsely stated in February 2022 that its project was “on track” for an April 2023 […] The post Australian watchdog files lawsuit against ASX over misrepresenting $165 million blockchain project appeared first on CryptoSlate ..read more

Julian Assange, the founder of WikiLeaks, has received significant financial support from donors to cover the costs of his journey to freedom, as discovered by Alistair Milne, CIO of Altana Digital Currency Fund. As Assange prepares to return to Australia following his plea deal with US authorities, his wife Stella launched an urgent appeal for donations to cover a “massive USD 520,000 debt” owed to the Australian government for charter flights. In a remarkable display of support, an anonymous donor contributed just over 8 BTC (approximately $500,000) to Assange’s cause within the past day. Th ..read more

Julian Assange, the founder of WikiLeaks, has been released from Belmarsh prison in the UK after reaching a plea deal with US authorities, marking a significant development in his long-running legal saga. WikiLeaks said Assange left the maximum security prison on June 24, 2024, after spending 1,901 days there. The WikiLeaks X account posted, “Julian Assange is free. He left Belmarsh maximum security prison on the morning of 24 June, after having spent 1901 days there. He was granted bail by the High Court in London and was released at Stansted airport during the afternoon, where he boarded a ..read more